50 S. Camilla, Memphis, TN 38104

N/A

0.84 AC | Land

Land - Off Market

Utilities

Electricity/Power

Irrigation

Water

Telephone

Cable

Gas/Propane

Description

PRICE REDUCED - An ideal restaurant or NNN developer's location. .84 acre retail/restaurant outparcel located at the corner of Union & I-240 with back door access to Madison. It' s an opportunity for high visibility on Union Ave with strong daily Medical District employee numbers. This would be a great informal meeting site for doctors, a good stop off on the way into work, etc. The new pricing provides an outstanding opportunity.

Located on the NW corner of Union Ave and the I-240 W exit, this outparcel is located at the center of a bustling Medical Office District in Midtown, on the brink of Downtown Memphis. Daily demographics exceeding 40,000 thousand working and living residents within a 1 mile radius.

Baptist College of Health Sciences & Memphis Bioworks Foundation are next door, Church Health Center across the street, and UT Health Science Center, Methodist Hospital, Southern College of Optometry and several bank buildings all within 1/2 mile.This location had 2012 daily traffic counts of 71,022 on I-240 and 34,662 on Union Ave. You'd have to re-locate in downtown LA to get better traffic numbers!

The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO